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    Hongkong and Shanghai Banking Corporation (HSBC) : International Money Transfers

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    Thenmozhi Thambidurai
    HSBC Holdings plc is a British multinational investment bank and financial services holding company, originating in Hong Kong. It offers international money transfers, travel money services, international account opening, and tailored lending services. As of 2014, HSBC was the fourth largest bank by assets and second largest by revenues, and was the most profitable bank in the world in 2007. It provides core banking services as well as loans, investments, credit cards, insurance, and customer rewards programs.

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    Hongkong and Shanghai Banking Corporation (HSBC) : International Money Transfers

    Uploaded by

    Thenmozhi Thambidurai
    27 views3 pages
    HSBC Holdings plc is a British multinational investment bank and financial services holding company, originating in Hong Kong. It offers international money transfers, travel money services, international account opening, and tailored lending services. As of 2014, HSBC was the fourth largest bank by assets and second largest by revenues, and was the most profitable bank in the world in 2007. It provides core banking services as well as loans, investments, credit cards, insurance, and customer rewards programs.

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    HSBC Holdings plc is a British multinational investment bank and financial services holding company, originating in Hong Kong. It offers international money transfers, travel money services, international account opening, and tailored lending services. As of 2014, HSBC was the fourth largest bank by assets and second largest by revenues, and was the most profitable bank in the world in 2007. It provides core banking services as well as loans, investments, credit cards, insurance, and customer rewards programs.

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    27 views3 pages

    Hongkong and Shanghai Banking Corporation (HSBC) : International Money Transfers

    Uploaded by

    Thenmozhi Thambidurai
    HSBC Holdings plc is a British multinational investment bank and financial services holding company, originating in Hong Kong. It offers international money transfers, travel money services, international account opening, and tailored lending services. As of 2014, HSBC was the fourth largest bank by assets and second largest by revenues, and was the most profitable bank in the world in 2007. It provides core banking services as well as loans, investments, credit cards, insurance, and customer rewards programs.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    HONGKONG AND SHANGHAI BANKING

    CORPORATION (HSBC)

    INTRODUCTION

    HSBC Holdings plc  is a British  multinational investment bank and financial


    services holding company. It was the 7th largest bank in the world by 2018, and the largest
    in Europe, with total assets of US$2.558 trillion (as of December 2018). HSBC traces its
    origin to a hong in Hong Kong, and its present form was established in London by the
    Hongkong and Shanghai Banking Corporation to act as a new group holding company in
    1991; its name derives from that company's initials. 

    SERVICES

     INTERNATIONAL MONEY TRANSFERS

    Faster and smooth transfer of money from your HSBC India account to beneficiary
    account overseas. This service is offered to both Resident and Non-Resident customers of the
    Bank subject to adherence to  the local regulatory guidelines

     TRAVEL MONEY
     Competitive ratesYou can check our competitive rates online.
     Quick and easy to order online Just follow the onscreen instructions and order your
    Travel Money in minutes.
     All major currencies available We offer a wide range of foreign currencies for your
    Travel Money needs.
     Fee free next day delivery Order online by 14:00 and have your money delivered to
    your home or chosen branch the next working day.
     Buy back service Please ask in a branch for our buy back rates as different exchange
    rates apply for this service.

     INTERNATIONAL ACCOUNT OPENING


     Available in more than 30 countries and territories
    Find the type of account that best match your needs for different currencies
     Global View Global Transfer Manage your worldwide HSBC accounts with one
    single log-on, and make real-time transfers between the accounts no matter where you
    are

     Transferring your credit history Give yourself a head start and have your credit
    established at your destination
     Premier in one, Premier in all Enjoy the same status in your destination if you are a
    Premier customer

     TAILORED LENDING
    Their tailored lending service gives you customised borrowing options that can
    increase your liquidity, helping to protect your wealth and opening up new
    opportunities for you and your family.

     CORE SERVICES
     Deposits
     Loans
     Investment certificates
     Instalments

     SUPPLEMENTARY SERVICES
     Visa
     Marriage checks
     Loans for surgical operations
     AUGMENTED SERVICES
     Supporting projects
     Life insurance
     Customer awards

    CONCLUSION

     As of 2014, according to Relsbank, HSBC was the fourth-largest bank in the world by
    assets (with $2,670.00  billion), the second largest in terms of revenues (with
    $146.50 billion) and the largest in terms of market value (with $180.81 billion).
     It was also the most profitable bank in the world with $19.13 billion in net income in
    2007 (compared to Citigroup's $3.62 billion and Bank of America's $14.98 billion in the
    same period).
     In June 2006, The Economist stated that since the end of 2005 HSBC has been rated the
    largest banking group in the world by Tier 1 capital.In June 2014 The Banker ranked
    HSBC first in Western Europe and 5th in the world for Tier 1 capital.
     In February 2008, HSBC was named the world's most valuable banking brand by The
    Banker magazine.
     HSBC has been audited by PwC, one of the Big Four auditors since 2015.

    Our tailored lending service gives you customised borrowing options


    that can increase your liquidity, helping to protect your wealth and
    opening up new opportunities for you and your family.

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